Companies

Stripe reenters the crypto market, enabling stablecoin transactions for merchants.

Changpeng Zhao, the former CEO of Binance, may receive a 3-year sentence and $50M fine for anti-money laundering violations.

Cryptocurrency giant Binance converts $1B safety fund to USDC, signaling a strategic move to enhance transparency and re-enter the Indian market.

Disgraced FTX founder Sam Bankman-Fried challenges his prison term and seeks New York confinement during the appeal.

Cardano’s upcoming upgrades aim to enhance network governance and transaction efficiency.

Binance’s Tigran Gambaryan pleads not guilty to money laundering in Nigeria, faces remand.

Coinbase gears up to offer new altcoin futures next week to expand its perpetual offerings.

Coinbase teams up with Lightspark to offer faster, cheaper Bitcoin transactions via the Lightning Network.

Binance gets blocked by Philippines financial watch dog as the exchange drops Tron USDC.

Yield Guild Games (YGG) has launched its token on the Ronin network, aiming to attract more gamers to its Web3 ecosystem.

BlackRock’s new blockchain fund, BUIDL, offers USD yields through tokenization, in partnership with Coinbase.

Binance Labs, the venture capital arm of Binance, has become an independent entity with a portfolio worth over $10 billion.

Bankrupt Terraform Labs secures court approval to hire Dentons for legal representation, despite SEC objections.

MakerDAO’s Endgame plan introduces new tokens and features to enhance user engagement and target mass adoption.

Cryptocurrency exchange Coinbase Global, Inc. is set to raise US$1 billion through a bond sale.

Changpeng Zhao must surrender Canadian passport and stay in the U.S. as part of revised bail conditions.

Crypto firm Pantera Capital aims to acquire $250 million in Solana tokens from bankrupt FTX’s holdings at a significant discount.

MicroStrategy increases its convertible debt offering to US$700 million to fund additional Bitcoin acquisitions, reflecting confidence in cryptocurrency.

The SEC alleges Binance.US has not fully complied with information requests regarding customer assets.

FTX warns public about unauthorized parties soliciting bids for its digital assets, reaffirming Galaxy Asset Management’s exclusive role.

Gemini exchange reaches a settlement to return funds to users affected by the Genesis bankruptcy.

MetaMask partners with Blockaid to enhance security for over 30 million users.

Animoca Brands announces partnerships with OKX Wallet, Crypto.com DeFi Wallet, and Halo Wallet, elevating the user experience in the Mocaverse network.

Zhao has pleaded guilty to money laundering charges in November.

International tug of war over Kwon’s fate takes a new turn with Montenegro court’s reversal on extradition.

BlueSky, the decentralized social media platform by Jack Dorsey, opens its doors to the public.

Ryder Ripps and Jeremy Cahen must pay almost US$7 million in Yuga Labs’ attorneys’ fees, court documents show.

Genesis, in bankruptcy, seeks court approval to sell Bitcoin and Ether trust assets worth US$1.6 billion.

OPNX, founded by Su Zhu, ceases operations due to FTX estate’s recovery claims.

The mystery of the FTX hack unfolds as the DOJ charges three unnamed suspects for the US$400 million theft in November 2022.

Crypto derivatives exchange Bybit seeks to enter Hong Kong’s market with a new license application.

Celsius Network starts repaying $3 billion to creditors, marking a step towards resolving its bankruptcy.

FTX plans to repay customers amid bankruptcy proceedings, rules out exchange relaunch.

The “One BNB Paradigm” aims to streamline BNB Chain’s ecosystem, focusing on DeFi, gaming, and AI.

Transak integrates with Visa Direct to simplify crypto-to-fiat transactions globally.

A GME-themed meme coin, not affiliated with the video game retailer GameStop, is replicating the company’s meme stock frenzy on the Solana blockchain.

Ether ETF hopefuls on hold as SEC postpones decision.

Analysts at JPMorgan slash Coinbase rating to underweight, questioning ETF impact.

Long-awaited Bitcoin repayments closer as Mt. Gox confirms creditor addresses.

Speculative X Payments chatter triggers Dogecoin’s sharp rise.

Do Kwon-founded Terraform Labs files for Chapter 11 bankruptcy in the U.S.

Celsius Network’s move of US$26 million in MATIC to exchanges raises eyebrows amid market volatility.

With the acquisition of Valkyrie Funds, CoinShares aims to strengthen its position in the competitive ETF market.

The DeRec Alliance, involving HBAR and Algorand Foundations, aims to solve digital asset recovery challenges with a new protocol.

With the filing for an IPO, Circle aims to capitalize on the growing interest in crypto assets, despite recent industry setbacks.

Major crypto exchanges vanish from Apple’s App Store in India, adhering to FIU mandates.

BNB Chain’s merger plans aims for a seamless and secure blockchain by April 2024

Upbit joins 15 other crypto firms permitted to provide digital payment token services in Singapore.

Projects are rethinking how to make DAOs more fun and less disappointing.

Indian crypto companies flock to Dubai, escaping high local taxes and finding solace in the emirate’s favorable regulatory environment.

Welcome to Forkast IQ, presented by Forkast’s Megha Chaddah, where we look beyond the headlines to get you insights that power smarter decisions. In this special edition, Forkast News spoke to one of the leaders of the Web3 industry, Yat Siu, co-founder and chairman of Animoca Brands.

Silicon Valley venture giant Andreessen Horowitz plants flag in London: fuels UK’s ascent as a Web3 innovator.

BlackRock’s Ether ETF filing comes as the U.S. SEC entered an eight-day window to potentially approve pending Bitcoin ETF applications.

FTT rose over 65% despite FTX founder Sam Bankman-Fried’s guilty verdict last week.

The SEC has reportedly been in contact with Grayscale since its court victory in August.

Prosecutors have reportedly identified new suspects after searching nine locations related to JPEX.

Top blockchain and crypto news: Hong Kong mulls Bitcoin ETFs, Ordinals flip Ethereum NFTs, IPO comes full circle.

Blockchain-based gaming and remittances among top drivers toward adoption in central and South Asia.

The move is part of SC Ventures’ expansion into the United Arab Emirates.

HSBC’s new service is expected to launch in 2024.

Binance said it aims to onboard the next billion Web3 users with its new wallet.

Circle has previously tried to go public through a blank-check deal back in 2022.

The partnership aims to reduce the high costs and lengthy transfer times associated with traditional remittance payments.

The last time Bitcoin transaction fees were this high was on June 6.

Proof Group is also part of the group that won the bid for bankrupt crypto lender Celsius.

The central bank expects to release the final set of regulations by 2025.

Magic Eden Ethereum will be the first major marketplace to contractually obligate creator royalties.

Siu said this marks the crypto industry’s evolution from the FTX collapse and the Terra-Luna meltdown.

SBF is found guilty of fraud, Hong Kong hosts Fintech Week, Neo advances Web3, Backpack launches NFT exchange, and more.

The US$5 million fund aims to help Vauld users who can’t withdraw their assets from the platform.

SOL rose over 319% in 2023 so far, despite concerns around FTX’s lawsuit.

The XRP token now stands to benefit from legal and regulatory clarity in the DIFC, according to the announcement.